A. It is unlawful for a person to sell or otherwise convey ownership of a salvage or nonrepairable vehicle unless the certificate of title or ownership is branded or a comparable title, certificate or ownership document has been issued by another state or jurisdiction.
B. An owner of a nonrepairable vehicle shall sell or otherwise convey that vehicle only to a licensed wrecker of vehicles or a person licensed by a jurisdiction outside of this state to process vehicles by dismantling, wrecking, shredding, crushing or selling motor vehicle parts or scrap material or otherwise disposing of motor vehicles.
C. A nonrepairable vehicle shall not be repaired, reconstructed or restored for operation on the roads or highways of this state.
D. This section does not apply to:
(1) a person whose motor vehicle has been stolen or taken without that person's consent unless, if the motor vehicle is recovered, it is a salvage or nonrepairable vehicle; or
(2) a person conveying ownership of a motor vehicle to an insurance company as a result of a total loss insurance settlement. For the purpose of this paragraph, "total loss insurance settlement" means the transfer of ownership of a motor vehicle by a person to an insurance company as a result of a settlement in which the motor vehicle is determined to be salvage or nonrepairable.
History: 1978 Comp., § 66-3-10.1, enacted by Laws 1990, ch. 120, § 24; 2005, ch. 324, § 8.
Repeal and reenactments. — Laws 2005, ch. 324, § 8, effective January 1, 2006, repealed former 66-3-10.1 NMSA 1978 as enacted by Laws 1990, ch. 120, § 24, and enacted the section set forth above.
Pursuant to 12-2A-14 NMSA 1978, it has been considered a continuation of the former section relating to salvage vehicle certificates of title.
Structure New Mexico Statutes
Part 1 - REGISTRATION, CERTIFICATES OF TITLE AND REGISTRATION PLATES GENERALLY
Section 66-3-1 - Vehicles subject to registration; exceptions.
Section 66-3-1.1 - Motor carriers required to register with the department.
Section 66-3-1.2 - Registration; declared gross weight.
Section 66-3-1.3 - Unregistered foreign commercial motor carrier vehicle operations.
Section 66-3-1.4 - Motorcycle endorsement not required for autocycle operation.
Section 66-3-2 - Registration; trailers, semitrailers, pole trailers and freight trailers.
Section 66-3-2.1 - Full reciprocity registration; application; fee; formula; payment.
Section 66-3-2.3 - Full reciprocity registration; jurisdictions.
Section 66-3-2.4 - Registration of additional motor vehicles.
Section 66-3-2.5 - Withdrawal of fleet motor vehicles; notification; surrender of documents.
Section 66-3-2.6 - Preservation of international registration plan records; audit.
Section 66-3-2.7 - New registrant; estimated mileage.
Section 66-3-2.8 - Fleet registration; denial.
Section 66-3-2.9 - Relationship to other state laws.
Section 66-3-2.10 - Registration under the international registration plan not exclusive.
Section 66-3-3 - Registration card; special plate or sticker; declared gross weight.
Section 66-3-3.1 - Tax identification permit.
Section 66-3-5 - Application for specially constructed, reconstructed or foreign vehicles.
Section 66-3-6 - Temporary registration permits, demonstration permits and transport permits.
Section 66-3-7 - Grounds for refusing, suspending or revoking registration or certificate of title.
Section 66-3-8 - Examination of registration records and index of stolen and recovered vehicles.
Section 66-3-9 - Registration indexes.
Section 66-3-11 - Director may authorize issuance of nonnegotiable certificates of title.
Section 66-3-12 - Evidential value of certificate.
Section 66-3-13 - Evidence of registration to be signed and exhibited on demand.
Section 66-3-14.1 - County name stickers.
Section 66-3-15 - Special registration plates; procedures; fee.
Section 66-3-16.1 - Prohibited acts; penalties.
Section 66-3-17 - Registration plate; replacement of plate.
Section 66-3-20 - Renewal of registration; vehicles registered by declared gross weight.
Section 66-3-21 - Vehicle exceeding declared gross weight.
Section 66-3-22 - Re-registration; change in declared gross weight.
Section 66-3-23 - Notice of change of address or name.
Section 66-3-24 - Lost or damaged certificates, registration evidence or plates.
Section 66-3-25 - Division may assign new identifying number.
Section 66-3-27 - Horseless carriage registration.
Section 66-3-28 - State government registration plates; issuance approved.